New Developer Sought for Post Office Project
The
Township of Maplewood is seeking a new developer for the Post Office
Redevelopment Project on Maplewood Avenue. Earlier this month, the
previously designated developers, L&M Development Partners and
Wilder Balter Partners, withdrew from the project.
On
September 4th, the principal of Wilder Balter advised the Township that
he would no longer be involved in the project. He cited as reasons his
recovery from a serious medical condition and Kings Supermarket’s
decision not to become the anchor tenant in the new building. The
Township and L&M then discussed various options to keep the project
moving forward. On September 18th, L&M informed the Township it was
withdrawing from the project.
During
the next two weeks, the Township will interview four developers who
expressed interest in the project and have a record of successful
redevelopment in Maplewood and nearby towns. The Township has informed
these prospective developers that the project must be built in
accordance with the redevelopment plan and building designs already
approved by the Maplewood Village Alliance. The Township Committee may
designate one of these developers for exclusive negotiations at its
October 7th meeting.
The
Township Committee extended the lease of the post office until February
2015. At that time the post office will move to its new location at 195
Maplewood Avenue.
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